The Cabinet Committee on Security has flagged off the prototype development and testing stage of India's indigenous fifth generation stealth fighter jet, the Advanced Medium Combat Aircraft (AMCA). Slated to be in production from 2035, it would make the IAF battle-ready for the future
www.indiatoday.in
Highlights include the fact that the first prototype will take 4 years to produce & GoI was sitting on its arse for nearly 3 years hoping the pvt sector would step in for the JV.
It's only when it was pointed out by ADA that any more delays meant us losing the advantage of fielding such FAs , GoI came out of its slumber & approved the project.
5 prototypes to be produced in all with each costing INR 900 crores with production to commence in 2035 after FOC presumably with the cost per aircraft predicted to fall owing to scale of production.
Incidentally as an earlier post quoting a tweet makes clear apparently there was opposition to procurement of AMCA from some quarters on account of costs